Keurig Dr Pepper Inc. KDP Cash Flow

Keurig dr pepper inc. (KDP)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Sep'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Operating activities:
Net income
1,254,000	589,000	1,076,000	383,000	847,000	764,000	703,000	624,000	629,000	606,000	528,000	555,000	-312,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense
358,000	233,000	198,000	142,000	191,000	192,000	199,000	196,000	203,000	198,000	185,000	167,000	141,000
Amortization of intangibles
126,000	121,000	-	96,000	-	-	-	-	-	-	-	-	-
Other amortization expense
214,000	-	31,000	-	33,000	35,000	36,000	38,000	37,000	34,000	43,000	57,000	54,000
Provision for sales returns
43,000	54,000	-	65,000	-	-	-	-	-	-	-	-	-
Deferred income taxes
-23,000	-81,000	-201,000	16,000	29,000	29,000	43,000	138,000	91,000	-498,000	37,000	103,000	-241,000
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	13,000
Write-off of deferred loan costs
-	-	-	-	-	-	-	-	-	-	-	-	21,000
Amortization of deferred revenue
-	-	64,000	-	64,000	64,000	65,000	65,000	65,000	65,000	37,000	0	0
Impairment of intangible asset
-	-	1,000	-	0	7,000	0	0	-	-	-	-	-
Impairment of goodwill and intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-1,039,000
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	5,000
Employee stock-based compensation expense
64,000	35,000	36,000	58,000	45,000	44,000	48,000	37,000	35,000	34,000	29,000	19,000	9,000
Loss on early extinguishment of debt
-11,000	-13,000	-	-85,000	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-12,000
Gain on step acquisition of unconsolidated subsidiaries
0	18,000	28,000	0	5,000	0	0	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-	-	-62,000	-	-31,000	0	0	-	-	-	-100,000	0	0
Gain on extinguishment of multi-employer plan withdrawal liability
-	-	0	-	21,000	0	0	-	-	-	-	-	-
Unrealized loss on derivatives
24,000	-28,000	24,000	41,000	40,000	-5,000	-13,000	-	-	-	-	-	-
Other accounts receivable
-	-	-9,000	-	-3,000	-1,000	5,000	9,000	-1,000	18,000	10,000	-29,000	-
Unrealized (gain) or loss on derivatives
-36,000	-49,000	-	-4,000	-	-	-	-	-	-	-	-	-8,000
Equity in loss of unconsolidated affiliates
-51,000	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
2,000	-8,000	4,000	-18,000	9,000	-8,000	-8,000	-35,000	18,000	-24,000	7,000	-14,000	-3,000
Changes in assets and liabilities:
Trade accounts receivable
7,000	-82,000	47,000	54,000	31,000	26,000	0	13,000	-36,000	55,000	-8,000	24,000	-
Inventories
24,000	-185,000	0	-108,000	-3,000	11,000	8,000	3,000	-17,000	-29,000	-19,000	-3,000	-
Trade accounts payable
-	-	24,000	-	32,000	-9,000	29,000	-6,000	12,000	-9,000	37,000	4,000	-
Income taxes receivable and payables, net
36,000	71,000	8,000	-16,000	-2,000	42,000	-12,000	-6,000	-468,000	521,000	22,000	-2,000	-
Other current and non-current assets
324,000	49,000	20,000	9,000	50,000	-8,000	25,000	-456,000	21,000	21,000	20,000	58,000	-
Accounts payable and accrued expenses
583,000	206,000	-	861,000	-	-	-	-	-	-	-	-	-
Other current and non-current liabilities
102,000	-38,000	-19,000	6,000	-53,000	-11,000	58,000	-556,000	-7,000	3,000	-27,000	26,000	-
Net change in operating assets and liabilities
-366,000	-457,000	-	-896,000	-	-	-	-	-	-	-	-	37,000
Current and non-current deferred revenue
-	-	-	-	-	-	-	-	-	-	1,614,000	0	0
Net cash provided by operating activities
2,474,000	1,613,000	1,038,000	1,749,000	939,000	1,014,000	1,022,000	866,000	482,000	783,000	2,535,000	865,000	709,000
Investing activities:
Acquisitions of businesses
8,000	19,114,000	1,556,000	0	15,000	0	19,000	10,000	0	0	-	-	-
Cash acquired in acquisitions
0	169,000	4,000	0	17,000	0	0	-	-	-	-	-	-
Issuance of related party note receivable
32,000	11,000	-	6,000	-	-	-	-	-	-	-	-	-
Investments in unconsolidated affiliates
16,000	39,000	3,000	-	6,000	20,000	0	0	-	2,000	1,000	0	0
Investments in unconsolidated subsidiaries, proceeds
-	-	-	250,000	-	-	-	-	-	-	-	-	-
Proceeds from capital distributions from investments in unconsolidated affiliates
0	35,000	-	0	-	-	-	-	-	-	-	-	-
Purchases of property, plant and equipment
330,000	180,000	202,000	66,000	180,000	179,000	170,000	179,000	217,000	238,000	246,000	317,000	304,000
Purchase of cost method investments
-	-	0	-	1,000	15,000	0	0	-	-	-	-	-
Proceeds from sales of property, plant and equipment
247,000	9,000	3,000	-	6,000	20,000	8,000	1,000	7,000	3,000	18,000	5,000	4,000
Purchase of intangibles
35,000	0	6,000	-	2,000	1,000	1,000	5,000	7,000	3,000	0	8,000	1,000
Proceeds from disposals of intangible assets
-	-	-	-	-	-	-	-	-	-	-	69,000	0
Issuances of related party notes receivables
-	-	-	-	-	-	-	-	-	-	-	-	165,000
Repayment of related party notes receivables
-	-	-	-	-	-	-	-	-	-	-	-	1,540,000
Other, net
-24,000	-6,000	3,000	0	8,000	-1,000	3,000	2,000	0	0	-4,000	0	0
Net cash provided by (used in) investing activities
-150,000	-19,131,000	-1,763,000	180,000	-189,000	-194,000	-185,000	-195,000	-217,000	-240,000	-225,000	-251,000	1,074,000
Financing activities:
Proceeds from unsecured credit facility
0	1,900,000	-	100,000	-	-	-	-	-	-	-	-	2,200,000
Proceeds from senior unsecured notes
0	8,000,000	-	0	-	-	-	-	-	-	-	-	-
Proceeds from term loan
2,000,000	2,700,000	-	1,200,000	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
0	9,000,000	-	0	-	-	-	-	-	-	-	-	-
Proceeds from issuance of senior unsecured notes
-	-	400,000	-	1,950,000	750,000	0	0	500,000	1,000,000	0	1,255,000	1,700,000
Repayment of senior unsecured notes
-	-	562,000	-	891,000	0	0	250,000	450,000	400,000	978,000	1,805,000	0
Net (repayment) issuance of commercial paper
-	-	66,000	-	0	0	-65,000	65,000	0	0	-	-	-
Proceeds from Related Party Debt
-	-	-	-	-	-	-	-	-	-	-	-	1,615,000
Net issuance of commercial paper notes
167,000	1,080,000	-	0	-	-	-	-	-	-	-	-	-
Proceeds from structured payables
330,000	526,000	-	0	-	-	-	-	-	-	-	-	-
Payments on Structured Payables
531,000	0	-	0	-	-	-	-	-	-	-	-	-
Repayments of Senior Debt
250,000	0	-	0	-	-	-	-	-	-	-	-	-
Repayments of Long-term Lines of Credit
0	1,900,000	-	0	-	-	-	-	-	-	-	-	395,000
Repayment of term loan
3,203,000	3,447,000	-	3,168,000	-	-	-	-	-	-	-	-	-
Finance Lease, Principal Payments
38,000	17,000	-	15,000	-	-	-	-	-	-	-	-	-
Payments on finance leases
38,000	17,000	-	-	-	-	-	-	-	-	-	-	-
Premium (Discount) on Issuance of Long-term Debt
-	-	16,000	-	-	-4,000	-	-	-	-	-	-	-
Proceeds from Hedge, Financing Activities
-	-	13,000	-	-	0	-	-	-	-	-	-	-
Excess tax benefit on stock-based compensation
-	-	-	-	22,000	-	11,000	6,000	16,000	10,000	3,000	0	-
Deferred financing charges paid
0	55,000	5,000	5,000	19,000	6,000	0	0	4,000	6,000	1,000	-	106,000
Dividends paid
-	-	414,000	-	386,000	355,000	317,000	302,000	284,000	251,000	194,000	0	0
Tax withholdings related to net share settlements of certain stock awards
-	-	30,000	-	31,000	27,000	16,000	13,000	0	0	-	-	-
Proceeds from bridge loan facility
-	-	-	-	-	-	-	-	-	-	-	-	-1,700,000
Proceeds from stock options exercised
-	-	20,000	-	14,000	30,000	41,000	15,000	22,000	20,000	6,000	1,000	0
Cash contributions from redeemable NCI shareholders
0	18,000	-	4,000	-	-	-	-	-	-	-	-	-
Cash dividends paid
844,000	232,000	-	55,000	-	-	-	-	-	-	-	-	-
Cross currency swap
0	0	-	87,000	-	-	-	-	-	-	-	-	-
Repayment of related party long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	4,664,000
Repayment of bridge loan facility
-	-	-	-	-	-	-	-	-	-	-	-	-1,700,000
Repurchase of shares of common stock
-	-	399,000	-	519,000	521,000	400,000	400,000	400,000	522,000	1,113,000	0	0
Capital lease payments
-	-	12,000	-	9,000	5,000	1,000	1,000	-	-	-	-	-
Cash distributions to Cadbury
-	-	-	-	-	-	-	-	-	-	-	-	2,065,000
Change in Cadburys net investment
-	-	-	-	-	-	-	-	-	-	-	-	94,000
Other, net
5,000	4,000	0	0	-1,000	1,000	0	0	-3,000	-3,000	-3,000	-5,000	-4,000
Net cash used in financing activities
-2,364,000	17,577,000	-907,000	-2,026,000	130,000	-137,000	-747,000	-880,000	-603,000	-152,000	-2,280,000	-554,000	-1,625,000
Operating, investing and financing activities
-40,000	59,000	-1,632,000	-97,000	880,000	683,000	90,000	-209,000	-338,000	391,000	30,000	60,000	158,000
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents
12,000	-15,000	3,000	8,000	-4,000	-9,000	-6,000	-4,000	3,000	-5,000	5,000	6,000	-11,000
Supplemental cash flow disclosures
Acquisition of DPS
-	441,000	-	-	-	-	-	-	-	-	-	-	-
Fair value of stock and replacement equity awards not converted to cash
11,000	3,643,000	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures included in accounts payable and accrued expenses
163,000	102,000	-	6,000	-	-	-	-	-	-	-	-	-
Purchases of intangibles
2,000	0	-	-	-	-	-	-	-	-	-	-	-
Finance lease additions
69,000	40,000	-	-	-	-	-	-	-	-	-	-	-
Capitalization of related party debt into additional paid-in-capital
0	1,815,000	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
521,000	180,000	-	167,000	-	-	-	-	-	-	-	-	-
Cash paid for related party interest
0	51,000	-	125,000	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
433,000	210,000	-	159,000	-	-	-	-	-	-	-	-	-